Brevard North Carolina Real Estate Blog: Brevard, NC Real Estate Market Report - May

Brevard, NC Real Estate Market Report - May

 

Home for sale in BrevardThe number of residential closings in Transylvania County was up slightly in May, mainly due to an increase in home sales in the $100K - $200K price range. There were a total of 14 closings compared to 12 in April.  There were 9 closings in the $100K-$200K range, 4 in the $200K-$300K range, and 1 closing in the $300-$400K range. In May 2008 there were 20 closings.  The good news is that the days on market dropped from an average of 278 days to only 139 days.

The average residential listing price in May was $222,762 and the average selling price was $205,907, which means that homes sold for roughly 92% of the asking price.

 

 

 

 

Wilder

 

There were 8 land sales in May. The average listing price was $239,862 and the average selling price was $183,562 or roughly 76% of asking. It’s important to note that these averages were up because of one transaction that was a foreclosure on a 76 acre tract. It was listed for $975,000 and sold for $701,000. The average days on market was 274 days.

 

For more information about buying and selling homes and land in the Brevard, NC area, give us a call at 828-551-6290 or 828-551-6291.....or visit us online at BrevardNCProperty.com.

 

 

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For more information about buying or selling homes or land in the Brevard, NC area, contact the Clay Team today at BrevardNCProperty.com!

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Comment balloon 0 commentsCarol Clay • June 10 2009 10:43AM

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